Texas 2021 - 87th Regular

Texas House Bill HB4650 Latest Draft

Bill / Enrolled Version Filed 05/30/2021

                            H.B. No. 4650


 AN ACT
 relating to the creation of the East Central Travis County
 Conservation and Reclamation District No. 1; providing authority to
 issue bonds; providing authority to impose assessments, fees, and
 taxes.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Subtitle F, Title 6, Special District Local Laws
 Code, is amended by adding Chapter 7953A to read as follows:
 CHAPTER 7953A. EAST CENTRAL TRAVIS COUNTY CONSERVATION AND
 RECLAMATION DISTRICT NO. 1
 SUBCHAPTER A. GENERAL PROVISIONS
 Sec. 7953A.0101.  DEFINITIONS. In this chapter:
 (1)  "Board" means the district's board of directors.
 (2)  "Commission" means the Texas Commission on
 Environmental Quality.
 (3)  "Director" means a board member.
 (4)  "District" means the East Central Travis County
 Conservation and Reclamation District No. 1.
 Sec. 7953A.0102.  NATURE OF DISTRICT. The district is a
 municipal utility district created under Section 59, Article XVI,
 Texas Constitution.
 Sec. 7953A.0103.  CONFIRMATION AND DIRECTOR ELECTION
 REQUIRED. The temporary directors shall hold an election to
 confirm the creation of the district and to elect five permanent
 directors as provided by Section 49.102, Water Code.
 Sec. 7953A.0104.  CONSENT OF MUNICIPALITY REQUIRED. The
 temporary directors may not hold an election under Section
 7953A.0103 until each municipality in whose corporate limits or
 extraterritorial jurisdiction the district is located has
 consented by ordinance or resolution to the creation of the
 district and to the inclusion of land in the district.
 Sec. 7953A.0105.  FINDINGS OF PUBLIC PURPOSE AND BENEFIT.
 (a) The district is created to serve a public purpose and benefit.
 (b)  The district is created to accomplish the purposes of:
 (1)  a municipal utility district as provided by
 general law and Section 59, Article XVI, Texas Constitution; and
 (2)  Section 52, Article III, Texas Constitution, that
 relate to the construction, acquisition, improvement, operation,
 or maintenance of macadamized, graveled, or paved roads, or
 improvements, including storm drainage, in aid of those roads.
 Sec. 7953A.0106.  INITIAL DISTRICT TERRITORY. (a) The
 district is initially composed of the territory described by
 Section 2 of the Act enacting this chapter.
 (b)  The boundaries and field notes contained in Section 2 of
 the Act enacting this chapter form a closure. A mistake made in the
 field notes or in copying the field notes in the legislative process
 does not affect the district's:
 (1)  organization, existence, or validity;
 (2)  right to issue any type of bond for the purposes
 for which the district is created or to pay the principal of and
 interest on a bond;
 (3)  right to impose a tax; or
 (4)  legality or operation.
 SUBCHAPTER B. BOARD OF DIRECTORS
 Sec. 7953A.0201.  GOVERNING BODY; TERMS. (a) The district
 is governed by a board of five elected directors.
 (b)  Except as provided by Section 7953A.0202, directors
 serve staggered four-year terms.
 Sec. 7953A.0202.  TEMPORARY DIRECTORS. (a) On or after the
 effective date of the Act enacting this chapter, the owner or owners
 of a majority of the assessed value of the real property in the
 district may submit a petition to the commission requesting that
 the commission appoint as temporary directors the five persons
 named in the petition. The commission shall appoint as temporary
 directors the five persons named in the petition.
 (b)  Temporary directors serve until the earlier of:
 (1)  the date permanent directors are elected under
 Section 7953A.0103; or
 (2)  the fourth anniversary of the effective date of
 the Act enacting this chapter.
 (c)  If permanent directors have not been elected under
 Section 7953A.0103 and the terms of the temporary directors have
 expired, successor temporary directors shall be appointed or
 reappointed as provided by Subsection (d) to serve terms that
 expire on the earlier of:
 (1)  the date permanent directors are elected under
 Section 7953A.0103; or
 (2)  the fourth anniversary of the date of the
 appointment or reappointment.
 (d)  If Subsection (c) applies, the owner or owners of a
 majority of the assessed value of the real property in the district
 may submit a petition to the commission requesting that the
 commission appoint as successor temporary directors the five
 persons named in the petition. The commission shall appoint as
 successor temporary directors the five persons named in the
 petition.
 SUBCHAPTER C. POWERS AND DUTIES
 Sec. 7953A.0301.  GENERAL POWERS AND DUTIES. The district
 has the powers and duties necessary to accomplish the purposes for
 which the district is created.
 Sec. 7953A.0302.  MUNICIPAL UTILITY DISTRICT POWERS AND
 DUTIES. The district has the powers and duties provided by the
 general law of this state, including Chapters 49 and 54, Water Code,
 applicable to municipal utility districts created under Section 59,
 Article XVI, Texas Constitution.
 Sec. 7953A.0303.  AUTHORITY FOR ROAD PROJECTS. Under
 Section 52, Article III, Texas Constitution, the district may
 design, acquire, construct, finance, issue bonds for, improve,
 operate, maintain, and convey to this state, a county, or a
 municipality for operation and maintenance macadamized, graveled,
 or paved roads, or improvements, including storm drainage, in aid
 of those roads.
 Sec. 7953A.0304.  ROAD STANDARDS AND REQUIREMENTS. (a) A
 road project must meet all applicable construction standards,
 zoning and subdivision requirements, and regulations of each
 municipality in whose corporate limits or extraterritorial
 jurisdiction the road project is located.
 (b)  If a road project is not located in the corporate limits
 or extraterritorial jurisdiction of a municipality, the road
 project must meet all applicable construction standards,
 subdivision requirements, and regulations of each county in which
 the road project is located.
 (c)  If the state will maintain and operate the road, the
 Texas Transportation Commission must approve the plans and
 specifications of the road project.
 Sec. 7953A.0305.  COMPLIANCE WITH MUNICIPAL CONSENT
 ORDINANCE OR RESOLUTION. The district shall comply with all
 applicable requirements of any ordinance or resolution that is
 adopted under Section 54.016 or 54.0165, Water Code, and that
 consents to the creation of the district or to the inclusion of land
 in the district.
 Sec. 7953A.0306.  DIVISION OF DISTRICT. (a) The district
 may be divided into two or more new districts only if the district:
 (1)  has never issued any bonds; and
 (2)  is not imposing ad valorem taxes.
 (b)  This chapter applies to any new district created by the
 division of the district, and a new district has all the powers and
 duties of the district.
 (c)  A new district created by the division of the district
 may not, at the time the new district is created, contain any land
 outside the area described by Section 2 of the Act enacting this
 chapter.
 (d)  The board, on its own motion or on receipt of a petition
 signed by the owner or owners of a majority of the assessed value of
 the real property in the district, may adopt an order dividing the
 district.
 (e)  The board may adopt an order dividing the district
 before or after the date the board holds an election under Section
 7953A.0103 to confirm the district's creation.
 (f)  An order dividing the district shall:
 (1)  name each new district;
 (2)  include the metes and bounds description of the
 territory of each new district;
 (3)  appoint temporary directors for each new district;
 and
 (4)  provide for the division of assets and liabilities
 between the new districts.
 (g)  On or before the 30th day after the date of adoption of
 an order dividing the district, the district shall file the order
 with the commission and record the order in the real property
 records of each county in which the district is located.
 (h)  A new district created by the division of the district
 shall hold a confirmation and directors' election as required by
 Section 7953A.0103.
 (i)  If the creation of the new district is confirmed, the
 new district shall provide the election date and results to the
 commission.
 (j)  Any new district created by the division of the district
 must hold an election as required by this chapter to obtain voter
 approval before the district may impose a maintenance tax or issue
 bonds payable wholly or partly from ad valorem taxes.
 (k)  Municipal consent to the creation of the district and to
 the inclusion of land in the district granted under Section
 7953A.0104 acts as municipal consent to the creation of any new
 district created by the division of the district and to the
 inclusion of land in the new district.
 Sec. 7953A.0307.  NO EMINENT DOMAIN POWER. The district may
 not exercise the power of eminent domain.
 SUBCHAPTER D. GENERAL FINANCIAL PROVISIONS
 Sec. 7953A.0401.  ELECTIONS REGARDING TAXES OR BONDS. (a)
 The district may issue, without an election, bonds and other
 obligations secured by:
 (1)  revenue other than ad valorem taxes; or
 (2)  contract payments described by Section
 7953A.0403.
 (b)  The district must hold an election in the manner
 provided by Chapters 49 and 54, Water Code, to obtain voter approval
 before the district may impose an ad valorem tax or issue bonds
 payable from ad valorem taxes.
 (c)  The district may not issue bonds payable from ad valorem
 taxes to finance a road project unless the issuance is approved by a
 vote of a two-thirds majority of the district voters voting at an
 election held for that purpose.
 Sec. 7953A.0402.  OPERATION AND MAINTENANCE TAX. (a) If
 authorized at an election held under Section 7953A.0401, the
 district may impose an operation and maintenance tax on taxable
 property in the district in accordance with Section 49.107, Water
 Code.
 (b)  The board shall determine the tax rate. The rate may not
 exceed the rate approved at the election.
 Sec. 7953A.0403.  CONTRACT TAXES. (a) In accordance with
 Section 49.108, Water Code, the district may impose a tax other than
 an operation and maintenance tax and use the revenue derived from
 the tax to make payments under a contract after the provisions of
 the contract have been approved by a majority of the district voters
 voting at an election held for that purpose.
 (b)  A contract approved by the district voters may contain a
 provision stating that the contract may be modified or amended by
 the board without further voter approval.
 SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS
 Sec. 7953A.0501.  AUTHORITY TO ISSUE BONDS AND OTHER
 OBLIGATIONS. The district may issue bonds or other obligations
 payable wholly or partly from ad valorem taxes, impact fees,
 revenue, contract payments, grants, or other district money, or any
 combination of those sources, to pay for any authorized district
 purpose.
 Sec. 7953A.0502.  TAXES FOR BONDS. At the time the district
 issues bonds payable wholly or partly from ad valorem taxes, the
 board shall provide for the annual imposition of a continuing
 direct ad valorem tax, without limit as to rate or amount, while all
 or part of the bonds are outstanding as required and in the manner
 provided by Sections 54.601 and 54.602, Water Code.
 Sec. 7953A.0503.  BONDS FOR ROAD PROJECTS. At the time of
 issuance, the total principal amount of bonds or other obligations
 issued or incurred to finance road projects and payable from ad
 valorem taxes may not exceed one-fourth of the assessed value of the
 real property in the district.
 SECTION 2.  The East Central Travis County Conservation and
 Reclamation District No. 1 initially includes all the territory
 contained in the following area:
 "PARCEL 1" - (Northwest Tract)
 BEING A DESCRIPTION OF a 791.6381 acres (34,483,754 square
 foot) tract of land out of the Santiago del Valle Grant, Abstract
 No. 24, Travis County, Texas, and being a portion of a called 23.04
 acre tract and all of a called 9.18 acre tract, both conveyed to
 Thelma Bolm Yeates et al. in Volume 5000, Page 2364 of the Deed
 Records of Travis County, Texas (D.R.T.C.T.), save and except a
 called 3.647 acre tract (DESCRIBED AS TRACT TWO) conveyed to the
 City of Austin in Document No. 2007113005 of the Official Public
 Records of Travis County, Texas (O.P.R.T.C.T.), a PORTION of a
 called 11.095 acre tract (described as tract three) and a called
 232.59 acre tract (described as tract four), both conveyed to
 Fitzpatrick Bar X Ranch, L.P., in Document Nos. 2011023927,
 2011023928 and 2012046374 (O.P.R.T.C.T.), a portion of said 232.59
 acre tract also being described as a called 18.690 acre tract
 conveyed to Lake Pasture Ranch, LLC, in Document Nos. 2020032051
 and 2020032052 (O.P.R.T.C.T.), and being all of a called 96.38 acre
 tract conveyed to Lake Pasture Ranch, LLC, in Document Nos.
 2020032051 and 2020032052 (O.P.R.T.C.T.), and being all of a called
 241.77 acre tract and a 213.71 acre tract conveyed (as an interest)
 to Bailey Ranch Holdings, L.P., in Document No. 2005171964
 (O.P.R.T.C.T., said tracts previously described in Volume 5000,
 Page 2364 (D.R.T.C.T.)), said 791.6381 acres being more
 particularly described by metes and bounds as follows:
 BEGINNING, at a 1/2-inch iron rod found in the north
 right-of-way line of Hergotz Lane (right-of-way varies), and being
 in the south line of said Yeates 23.04 acre tract, and being in the
 south line of said Fitzpatrick Bar X Ranch Tract Three, for the
 southwest corner and POINT OF BEGINNING hereof, from which a
 1/2-inch iron rod found in the north right-of-way line of said
 Hergotz Lane and the south line of said Yeates 23.04 acre tract, and
 being the southwest corner of said Fitzpatrick Bar X Ranch Tract
 Three bears, S83°48'22"W, a distance of 172.37 feet;
 THENCE, leaving the north right-of-way line of said Hergotz
 Lane and the south lines of said Yeates 23.04 acre tract and said
 Fitzpatrick Bar X Ranch Tract Three, over and across said 23.04 acre
 Yeates tract, and in part over and across said Fitzpatrick Bar X
 Ranch Tract Three, N08°00'12"W, passing at a distance of 507.24
 feet, a 1/2-inch iron rod with "4Ward Boundary" cap set for
 reference, and continuing a total distance of 517.24 feet to a
 calculated point for the northwest corner hereof, said point being
 at the record south bank of the Colorado River, said point being at
 the northwest corner of said Yeates 9.18 acre tract, and being the
 northeast corner of said Yeates 23.04 acre tract;
 THENCE, continuing with the south bank of the Colorado and
 its meanders, and with the north line of said Yeates 9.18 acre
 tract, N57°22'21"E, a distance of 261.21 feet to a 1/2-inch iron rod
 found for an angle point hereof, said point being at the northwest
 corner of said Fitzpatrick Bar X Ranch Tract Three;
 THENCE, continuing with the south bank of the Colorado and
 its meanders, and with the north lines of said Yeates 9.18 acre
 tract and said Fitzpatrick Bar X Ranch Tract Three, N56°52'41"E, a
 distance of 555.06 feet to a 1/2-inch iron rod found for an angle
 point hereof, said point being at the northwest corner of said
 Bailey Ranch 241.77 acre tract, and being the northeast corner of
 said Yeates 9.18 acre tract and said Fitzpatrick Bar X Ranch Tract
 Three;
 THENCE, continuing with the south bank of the Colorado and
 its meanders, and with the north line of said Bailey Ranch 241.77
 acre tract, the following eighteen (18) courses and distances:
 1.  N58°14'11"E, a distance of 332.87 feet to a calculated
 point for an angle point hereof,
 2.  N51°07'11"E, a distance of 338.18 feet to a calculated
 point for an angle point hereof,
 3.  N46°15'11"E, a distance of 321.10 feet to a calculated
 point for an angle point hereof,
 4.  N43°39'11"E, a distance of 149.34 feet to a calculated
 point for an angle point hereof,
 5.  N48°02'11"E, a distance of 50.98 feet to a calculated
 point for an angle point hereof,
 6.  N24°04'11"E, a distance of 685.91 feet to a calculated
 point for an angle point hereof,
 7.  N50°55'11"E, a distance of 282.84 feet to a calculated
 point for an angle point hereof,
 8.  N42°55'11"E, a distance of 224.48 feet to a calculated
 point for an angle point hereof,
 9.  N35°03'11"E, a distance of 583.65 feet to a calculated
 point for an angle point hereof,
 10.  N47°57'11"E, a distance of 953.18 feet to a calculated
 point for an angle point hereof,
 11.  N52°47'11"E, a distance of 454.52 feet to a calculated
 point for an angle point hereof,
 12.  N47°41'11"E, a distance of 584.84 feet to a calculated
 point for an angle point hereof,
 13.  N45°16'11"E, a distance of 814.33 feet to a calculated
 point for an angle point hereof,
 14.  N57°22'11"E, a distance of 643.29 feet to a calculated
 point for an angle point hereof,
 15.  N71°50'11"E, a distance of 357.44 feet to a calculated
 point for an angle point hereof,
 16.  N72°50'11"E, a distance of 326.39 feet to a calculated
 point for an angle point hereof,
 17.  N74°08'11"E, a distance of 226.51 feet to a calculated
 point for an angle point hereof, and
 18.  N75°04'11"E, a distance of 166.61 feet to a calculated
 point for an angle point hereof, said point being at the northwest
 corner of said Fitzpatrick Bar X Ranch Tract Four, and being the
 northeast corner of said Bailey Ranch 241.77 acre tract, from which
 a 12" wooden fence post found bears N19°01'28"E, a distance of 5.96
 feet;
 THENCE, continuing with the south bank of the Colorado and
 its meanders, and with the north line of said Fitzpatrick Bar X
 Ranch Tract Four, the following eleven (11) courses and distances:
 1.  N73°35'14"E, a distance of 161.13 feet to a calculated
 point for an angle point hereof,
 2.  S87°46'46"E, a distance of 318.37 feet to a calculated
 point for an angle point hereof,
 3.  S75°18'46"E, a distance of 189.00 feet to a calculated
 point for an angle point hereof,
 4.  N83°09'14"E, a distance of 399.34 feet to a calculated
 point for an angle point hereof,
 5.  N78°54'14"E, a distance of 505.42 feet to a calculated
 point for an angle point hereof,
 6.  N86°04'14"E, a distance of 485.59 feet to a calculated
 point for an angle point hereof,
 7.  N84°30'14"E, a distance of 436.01 feet to a calculated
 point for an angle point hereof,
 8.  N75°31'14"E, a distance of 200.12 feet to a calculated
 point for an angle point hereof,
 9.  N68°13'14"E, a distance of 311.43 feet to a calculated
 point for an angle point hereof,
 10.  N79°14'14"E, a distance of 976.26 feet to a calculated
 point for an angle point hereof, and
 11.  S74°59'46"E, a distance of 760.57 feet to a calculated
 point for an angle point hereof, said point being in the northwest
 line of a called 55.68 acre tract conveyed to Martin Lee Mehner in
 Document No. 2011058578 (O.P.R.T.C.T.), and being the northeast
 corner of said Fitzpatrick Bar X Ranch Tract Four, from which a
 1/2-inch iron rod with "M Meador 1966" cap found at the north corner
 of said Mehner tract bears, N43°06'00"E, a distance of 2.00 feet;
 THENCE, with the common line of said Mehner tract and said
 Fitzpatrick Bar X Ranch Tract Four, S43°06'00"W, passing at a
 distance of 164.10 feet, 1/2-inch iron rod with "M Meador 1966" cap
 found, passing at a distance of 985.34 feet, a 1/2-inch iron rod
 with "M Meador 1966" cap found, and continuing for a total distance
 of 3282.41 feet to a 1/2-inch iron rod found for an angle point
 hereof, said point being at the northeast corner of said 96.38 acre
 Lake Pasture Ranch tract, and being the southeast corner of said
 Fitzpatrick Bar X Ranch Tract Four, said corner also described in a
 Surveyor's Report in Document No. 2020032051 (O.P.R.T.C.T.);
 THENCE, with the common line of said Mehner tract and said
 96.38 acre Lake Pasture Ranch tract, the following two (2) courses
 and distances:
 1.  S42°28'38"W, a distance of 32.57 feet to a 1/2-inch iron
 rod with illegible cap found for an angle point hereof, and
 2.  S42°58'37"W, a distance of 1011.32 feet to a 1/2-inch iron
 rod with "M Meador 1966" cap found for an angle point hereof, said
 point being at the north corner of a called 110.07 acre tract
 conveyed to APAC-Texas, Inc., in Document No. 2011024518
 (O.P.R.T.C.T.), and being the west corner of said Mehner tract;
 THENCE, with the common line of said APAC-Texas tract and
 said 96.38 acre Lake Pasture Ranch tract, S42°56'36"W, a distance of
 2,503.52 feet to a 1/2-inch iron rod with "M Meador 1966" cap found
 for the southeast corner hereof, said point being at the beginning
 of the right-of-way transition from Ramirez Lane (right-of-way
 varies) to Edwin Lane (right-of-way varies) and being the common
 south corner of said APAC-Texas tract and said 96.38 acre Lake
 Pasture Ranch tract;
 THENCE, with the right-of-way transition from said Ramirez
 Lane to said Edwin Lane, and with the south line of said 96.38 acre
 Lake Pasture Ranch tract, the following two (2) courses and
 distances:
 1.  N76°53'45"W, a distance of 18.75 feet to a 1/2-inch iron
 rod with "4Ward Boundary" cap set for an angle point hereof, and
 2.  S43°18'15"W, a distance of 23.43 feet to a 60D found in a
 6" cedar fence post for an angle point hereof, said point being at
 the end of the right-of-way transition from said Ramirez Lane to
 said Edwin Lane, and being the northeast corner of said Bailey Ranch
 213.71 acre tract, and being a south corner of said 96.38 acre Lake
 Pasture Ranch tract, said corner also described in a Surveyor's
 Report in Document No. 2020032051 (O.P.R.T.C.T.);
 THENCE, with the northwest right-of-way line of said Edwin
 Lane and the southeast line of said Bailey Ranch 213.71 acre tract,
 S42°54'57"W, a distance of 3727.82 feet to a 3/4-inch iron pipe
 found for an angle point hereof, said point being at the beginning
 of the right-of-way transition from said Edwin Lane to said Hergotz
 Lane;
 THENCE, with the right-of-way transition from said Edwin Lane
 to said Hergotz Lane, and with the south line of said Bailey Ranch
 213.71 acre tract, S87°43'19"W, a distance of 71.52 feet to a
 3/4-inch iron pipe found for an angle point hereof, said point being
 at the end of the right-of-way transition from said Edwin Lane to
 said Hergotz Lane;
 THENCE, with the northeast right-of-way line of said Hergotz
 Lane and the southwest line of said Bailey Ranch 213.71 acre tract,
 N47°37'54"W, a distance of 2631.84 feet to a 1/2-inch iron rod with
 "4Ward Boundary" cap set for an angle point hereof, said point being
 at the southeast corner of said Yeates 23.04 acre tract, and being
 an angle point in the north right-of-way line of said Hergotz Lane;
 THENCE, with the north right-of-way line of said Hergotz Lane
 and the south line of said Yeates 23.04 acre tract, and in part with
 the south line of said Fitzpatrick Bar X Ranch Tract Three, the
 following three (3) courses and distances:
 1.  N70°30'10"W, a distance of 155.17 feet to a 1/2-inch iron
 rod with "4Ward Boundary" cap set for an angle point hereof,
 2.  S84°35'14"W, passing at a distance of 1,057.99 feet, a
 1/2-inch iron rod found at the southeast corner of said Fitzpatrick
 Bar X Ranch Tract Three, and continuing for a total distance of
 1267.11 feet to a 1/2-inch iron rod with "4Ward Boundary" cap set
 for an angle point hereof, and
 3.  S83°48'22"W, a distance of 160.29 feet to the POINT OF
 BEGINNING, and containing 791.6381 acres (34,483,754 square feet)
 more or less.
 "PARCEL 2" - (Southwest Tract)
 BEING A DESCRIPTION OF a 382.5693 acres (16,664,720 square
 foot) tract of land out of the Santiago del Valle Grant, Abstract
 No. 24, Travis County, Texas, and being a portion of a called 308.61
 acre tract (described as tract one) conveyed to the Fitzpatrick Bar
 X Ranch, L.P., in Document Nos. 2011023927, 2011023928 and
 2012046374 of the Official Public Records of Travis County, Texas
 (O.P.R.T.C.T.), said tract being previously described as a 302.45
 acre tract in a deed to Thelma Bolm Yeates et al. in Volume 5000,
 Page 2364 of the Deed Records of Travis County, Texas (D.R.T.C.T.),
 and being all of a called 92.50 acre tract conveyed to Bailey Ranch
 Holdings, L.P., in Document No. 2005171964 (O.P.R.T.C.T., said
 tract being previously described in Volume 5000, Page 2364
 (D.R.T.C.T.)), save and except a called 12.600 acre tract conveyed
 to Marcelo Vera in Document No. 2007215877 (O.P.R.T.C.T.), said
 382.5693 acres being more particularly described by metes and
 bounds as follows:
 BEGINNING, at a 1/2-inch iron pipe found at the beginning of
 the right-of-way transition from Hergotz Lane (right-of-way
 varies) to Dalton Lane (right-of-way varies) and being an east
 corner of said Bailey Ranch tract, for an east corner and POINT OF
 BEGINNING hereof;
 THENCE, with the right-of-way transition from said Hergotz
 Lane to said Dalton Lane, and with the east line of said Bailey
 Ranch tract, S02°42'33"E, a distance of 70.07 feet to a 1/2-inch
 iron rod with "4Ward Boundary" cap set for an east corner hereof,
 said point being at the end of the right-of-way transition from said
 Hergotz Lane to said Dalton Lane;
 THENCE, with the northwest right-of-way line of said Dalton
 Lane and the southeast line of said Bailey Ranch tract, S42°37'41"W,
 a distance of 2,350.51 feet to a 1/2-inch iron rod found for the
 southeast corner hereof, said point being the east corner of said
 Vera tract, from which a bolt found at the east corner of a called
 10.74 acre tract conveyed to Marcelo and Josephine Vera in Document
 No. 2013076814 (O.P.R.T.C.T., said tract being the remainder of a
 called 40 acre tract described in Volume 397 Page 437
 (D.R.T.C.T.)), and being the south corner of said Vera 12.600 acre
 tract, and being the south corner of said Bailey Ranch tract bears,
 S42°43'09"W, a distance of 381.65 feet;
 THENCE, leaving the northwest right-of-way line of said
 Dalton Lane and the southeast line of said Bailey Ranch tract, over
 and across said Bailey Ranch tract, in part over and across said
 Fitzpatrick Bar X tract, with the northeast line of said Vera 12.600
 acre tract, N47°42'21"W, a distance of 1,446.24 feet to a 1/2-inch
 iron rod found for an interior ell-corner hereof, said point being
 in the southeast line of said Yeates 302.45 acre tract, and being in
 the northwest line of said Bailey Ranch tract, and being the north
 corner of said Vera 12.600 acre tract;
 THENCE, over and across said Fitzpatrick Bar X tract, with
 the common line of said Bailey Ranch tract, said Vera 12.600 acre
 tract and said Yeates 302.45 acre tract, the following two (2)
 courses and distances:
 1.  S42°46'49"W, a distance of 377.12 feet to a 1/2-inch iron
 rod found for an interior ell-corner hereof, and
 2.  S47°31'34"E, a distance of 81.24 feet to a 1/2-inch iron
 rod with "4Ward Boundary" cap set for an exterior ell-corner
 hereof, said point being the north corner of said Vera 10.74 acre
 tract, and being in the southwest line of said Vera 12.600 acre
 tract, and being an angle point in the east line of said Yeates
 302.45 acre tract and said Fitzpatrick Bar X tract, from which a
 bolt found in the northwest right-of-way of said Dayton Lane, and
 being the common south corner of said Vera 10.74 acre and 12.600
 acre tracts and said Bailey Ranch tract bears, S47°31'34"E, a
 distance of 1,365.38 feet;
 THENCE, with the northwest line of said Vera 10.74 acre tract
 and the southeast line of said Fitzpatrick Bar X tract, S42°40'08"W,
 passing at a distance of 1.90 feet, a 1/2-inch iron rod found, and
 continuing for a total distance of 343.98 feet to a 3/4-inch iron
 pipe found for an angle point hereof, said point being at the north
 corner of a called 13.6040 acre tract conveyed to the Jane Rabb
 Family Trust in Document No. 2012031044 (O.P.R.T.C.T., said tract
 described in Volume 11209, Page 877 of the Real Property Records of
 Travis County, Texas (R.P.R.T.C.T.)), and being the west corner of
 said Vera 10.74 acre tract;
 THENCE, with the northwest line of said Rabb tract and the
 southeast line of said Fitzpatrick Bar X tract, S42°45'59"W, a
 distance of 423.13 feet to a 2-inch iron rod found for the southeast
 corner hereof, said point being the east corner of a called 16.49
 acre tract conveyed to AAA Fire & Safety Equipment Co., Inc., in
 Document No. 2009209643 (O.P.R.T.C.T., said tract being the
 remainder of a 26.04 acre tract described in Volume 9665, Page 120
 (R.P.R.T.C.T.)), and being the southeast corner of said Fitzpatrick
 Bar X tract;
 THENCE, with the northeast line of said AAA Fire & Safety
 tract and the southwest line of said Fitzpatrick Bar X tract,
 N47°48'33"W, a distance of 306.53 feet to a 1/2-inch iron rod found
 for an angle point hereof, said point being the east corner of a
 called 9.55 acre tract conveyed to Victor M. Medina in Document
 No. 2009109790 (O.P.R.T.C.T., said tract described in Volume
 13266, Page 2782 (R.P.R.T.C.T.)), and being the north corner of
 said AAA Fire & Safety Equipment tract;
 THENCE, with the northeast line of said Medina tract and the
 southwest line of said Fitzpatrick Bar X tract, N47°13'08"W, a
 distance of 329.20 feet to a 1.25-inch iron rod found for an angle
 point hereof, said point being the east corner of a called 42.65
 acre tract conveyed to J-V Marble Mfg. Inc., et al., in Volume 8467,
 Page 555 (D.R.T.C.T.), and being the north corner of said Medina
 tract;
 THENCE, with the northeast line of said J-V Marble Mfg. tract
 and the southwest line of said Fitzpatrick Bar X tract, the
 following two (2) courses and distances:
 1.  N47°48'26"W, a distance of 316.92 feet to a 1/2-inch iron
 rod with "4Ward Boundary" cap set for an angle point hereof, and
 2.  N47°47'39"W, a distance of 317.84 feet to a 1/2-inch iron
 pipe found for an exterior ell-corner hereof, said point being in
 the southeast line of a called 3.699 acre tract conveyed to William
 and Bernice Schkade in Volume 10890, Page 1381 (R.P.R.T.C.T.), and
 being the north corner of said J-V Marble tract;
 THENCE, with the common line of said Schkade tract and said
 Fitzpatrick Bar X tract, the following two (2) courses and
 distances:
 1.  N42°00'37"E, a distance of 273.36 feet to a 1/2-inch iron
 rod found for an interior ell-corner hereof, and
 2.  N47°54'43"W, a distance of 150.55 feet to a 1-inch iron
 rod found for an angle point hereof, said point being at the east
 corner of a 2.994 acre tract conveyed to the City of Austin in
 Document No. 2012014510 (O.P.R.T.C.T.), and being the north corner
 of said Schkade tract;
 THENCE, with the northeast line of said City of Austin tract
 and the southwest line of said Fitzpatrick Bar X tract, N47°27'44"W,
 a distance of 165.11 feet to a 1-inch iron rod found for an angle
 point hereof, said point being at the northeast terminus of the
 right-of-way of Patton Lane (25' right-of-way, dedicated in
 Bergstrom Downs No. 1, recorded in Volume 5, Page 2 of the Plat
 Records of Travis County, Texas (P.R.T.C.T.)), and being at the
 north corner of said City of Austin tract;
 THENCE, with the southwest line of said Fitzpatrick Bar X
 tract, in part with the northern terminus of said Patton Lane, in
 part with the northeast line of Lot 13, Block 5 of said Bergstrom
 Down No. 1, and in part with the northeast line of a called 21.233
 acre tract conveyed to Bruce Anton in Volume 13071, Page 1645
 (R.P.R.T.C.T.), N47°40'09"W, passing at a distance of 25.03 feet, a
 1/2-inch iron pipe found, passing at a distance of 168.62 feet, a
 1/2-inch iron rod found, and continuing for a total distance of
 516.22 feet to a 1/2-inch iron pipe found for an angle point hereof,
 said point being at the east corner of a called 20.56 acre tract
 conveyed to the ZZV Trust in Document No. 2012221563
 (O.P.R.T.C.T.), and being the north corner of said Anton tract;
 THENCE, with the northeast line of the ZZV Trust tract and the
 southwest line of said Fitzpatrick Bar X tract, N47°27'34"W, a
 distance of 1,611.25 feet to a 1/2-inch iron rod with "4Ward
 Boundary" cap set for the southwest corner hereof, said point being
 in the east right-of-way line of Thompson Lane (right-of-way
 varies), and being at the north corner of said ZZV tract;
 THENCE, with the east right-of-way line of said Thompson Lane
 and the west line of said Fitzpatrick Bar X tract, the following
 three (3) courses and distances:
 1.  N41°12'11"E, a distance of 513.45 feet to a 1/2-inch iron
 pipe found for an angle point hereof,
 2.  N08°08'06"E, a distance of 62.88 feet to a 1/2-inch iron
 pipe found for an angle point hereof, and
 3.  N00°44'13"W, a distance of 1,330.76 feet to a 1/2-inch
 iron rod with "4Ward Boundary" cap set for the northwest corner
 hereof, said point being at the intersection of the east
 right-of-way line of said Thompson Lane with the south right-of-way
 line of said Hergotz Lane;
 THENCE, with the south and southwest right-of-way lines of
 said Hergotz Lane, and with the north and east lines of said
 Fitzpatrick Bar X tract, the following six (6) courses and
 distances:
 1.  N79°32'51"E, a distance of 469.26 feet to a 3/4-inch iron
 pipe found for an angle point hereof,
 2.  N83°48'22"E, a distance of 513.19 feet to a 1/2-inch iron
 rod found for an angle point hereof,
 3.  N84°35'14"E, a distance of 1,239.77 feet to a 3/4-inch
 iron pipe found for a point of curvature hereof,
 4.  Along the arc of a curve to the right, having an arc
 length of 147.98 feet, having a radius of 204.60 feet, and a chord
 that bears S71°32'06"E, a distance of 144.77 feet to a 1/2-inch iron
 pipe found for a point of non-tangency hereof,
 5.  S44°12'22"E, a distance of 84.28 feet to a 60D nail found
 for an angle point hereof, and
 6.  S47°40'40"E, a distance of 2,934.71 feet to a 1/2-inch
 iron rod found for an angle point hereof, said point being the
 common north corner of said Bailey Ranch tract and said Yeats tract;
 THENCE, continuing with the southwest right-of-way line of
 said Hergotz Lane, with the northeast line of said Bailey Ranch
 tract, in part with the northeast line of said Fitzpatrick Bar X
 tract, S47°36'25"E, a distance of 1,396.48 feet to the POINT OF
 BEGINNING, and containing 382.5693 acres (16,664,720 square feet)
 more or less.
 "PARCEL 3" - (Central Tract)
 BEING A DESCRIPTION OF a 162.4222 acres (7,075,112 square
 foot) tract of land out of the Santiago del Valle Grant, Abstract
 No. 24, Travis County, Texas, and being all of a called 162.50 acre
 tract conveyed to Bailey Ranch Holdings, L.P., in Document
 No. 2005171964 of the Official Public Records of Travis County,
 Texas (O.P.R.T.C.T.), said tract being previously described as a
 162.50 acre tract in a deed to Thelma Bolm Yeates et al. in Volume
 5000, Page 2364 of the Deed Records of Travis County, Texas
 (D.R.T.C.T.), said 162.4222 acres being more particularly
 described by metes and bounds as follows:
 BEGINNING, at a 1/2-inch iron pipe found in the southwest
 right-of-way line of Ramirez Lane (right-of-way varies), and being
 at the north corner of a called 29.807 acre tract conveyed to
 APAC-Texas, Inc., in Document No. 2011018691 (O.P.R.T.C.T.), and
 being the east corner of said Bailey Ranch tract, for the east
 corner and POINT OF BEGINNING hereof, from which a 1/2-inch iron rod
 found at an angle point in the southwest right-of-way line of said
 Ramirez Lane, and being an east corner of said APAC-Texas tract
 bears, S47°37'26"E, a distance of 635.21 feet;
 THENCE, leaving the southwest right-of-way line of said
 Ramirez Lane, with the southeast line of said Bailey Ranch tract, in
 part with the northwest line of said APAC-Texas tract, in part with
 the northwest line of a called 10.039 acre tract conveyed to
 Hergotz, LLC, in Document No. 2019004534 (O.P.R.T.C.T.), in part
 with the northwest line of a called 1.761 acre tract conveyed to
 Antonio Suarez Aguirre et al. in Document No. 2008193608
 (O.P.R.T.C.T.), in part with the northwest line of a called 3.231
 acre tract conveyed to Charly Sarkadi in Document No. 2004035575
 (O.P.R.T.C.T.), and in part with the northwest line of a called
 14.826 acre tract conveyed to APAC-Texas, Inc., in Document
 No. 2011018688 (O.P.R.T.C.T.), S42°54'27"W, passing at a distance
 of 926.78 feet, a 1/2-inch iron rod found, passing at a distance of
 2,504.97 feet, a calculated point, from which calculated point a
 1/2-inch iron rod with "5687" cap found bears, N56°14'08"E, a
 distance of 3.53 feet, and also from said calculated point a
 1/2-inch iron pipe found at the record north corner of said Aguirre
 tract bears, N48°13'15"W, a distance of 6.93 feet, passing at a
 distance of 2,815.18 feet, a 1/2-inch iron pipe found at the common
 north corner of said Sarkadi tract and said 14.826 acre APAC-Texas
 tract, and continuing for a total distance of 3,741.68 feet to a
 1/2-inch iron pipe found for the south corner hereof, said point
 being in the northeast right-of-way line of Hergotz Lane
 (right-of-way varies) and being the west corner of said 14.826 acre
 APAC-Texas tract, and being the south corner of said Bailey Ranch
 tract, from which a 5/8-inch iron rod found at the beginning of the
 curving right-of-way transition from said Hergotz Lane to said
 Ramirez Lane, and being a south corner of said 14.826 acre
 APAC-Texas tract bears, S47°38'16"E, a distance of 565.48 feet;
 THENCE, with the northeast right-of-way line of said Hergotz
 Lane and the southwest line of said Bailey Ranch tract, N47°38'16"W,
 a distance of 1,841.32 feet to a 5/8-inch iron rod found for a west
 corner hereof, said point being at the beginning of the
 right-of-way transition from said Hergotz Lane to Edwin Lane
 (right-of-way varies);
 THENCE, with the right-of-way transition from said Hergotz
 Lane to said Edwin Lane, and with the west line of said Bailey Ranch
 tract, N05°17'20"W, a distance of 66.80 feet to a 3/4-inch iron pipe
 found for a west corner hereof, said point being at the end the
 right-of-way transition from said Hergotz Lane to said Edwin Lane;
 THENCE, with the southeast right-of-way line of said Edwin
 Lane and the northwest line of said Bailey Ranch tract, N42°57'11"E,
 a distance of 3,654.59 feet to a 1/2-inch iron pipe found for a
 north corner hereof, said point being at the beginning of the
 right-of-way transition from said Edwin Lane to said Ramirez Lane;
 THENCE, with the right-of-way transition from said Edwin Lane
 to said Ramirez Lane, and with the north line of said Bailey Ranch
 tract, N87°54'06"E, a distance of 70.83 feet to a 1/2-inch iron pipe
 found for a north corner hereof, said point being at the end of the
 right-of-way transition from said Edwin Lane to said Ramirez Lane;
 THENCE, with the southwest right-of-way line of said Ramirez
 Lane and the northeast line of said Bailey Ranch tract, S47°24'15"E,
 a distance of 1,838.08 feet to the POINT OF BEGINNING, and
 containing 162.4222 acres (7,075,112 square feet) more or less.
 "PARCEL 4" - (East Tract)
 BEING A DESCRIPTION OF a 767.2590 acres (33,421,803 square
 foot) tract of land out of the Santiago del Valle Grant, Abstract
 No. 24, Travis County, Texas, and being all of a called 400.173 acre
 tract (described as tract two) conveyed to Fitzpatrick Bar X Ranch,
 L.P., in Document Nos. 2011023927, 2011023928 and 2012046374 of the
 Official Public Records of Travis County, Texas (O.P.R.T.C.T.), a
 portion of said 400.173 acre tract being described as a called 17.40
 acre tract conveyed to Thelma Bolm Yeates and Mary Ann Bailey in
 Document No. 2003155937 (O.P.R.T.C.T.), and being all of a called
 366.305 acre tract conveyed to Bailey Ranch Holdings, L.P., in
 Document No. 2005171964 of the Official Public Records of Travis
 County, Texas (O.P.R.T.C.T.), said tract being previously
 described as a 366.305 acre tract in a deed to Thelma Bolm Yeates et
 al. in Volume 5146, Page 1838 of the Deed Records of Travis County,
 Texas (D.R.T.C.T.), said 767.2590 acres being more particularly
 described by metes and bounds as follows:
 BEGINNING, at a 3/4-inch iron pipe found at the beginning of
 the right-of-way transition from Hergotz Lane (right-of-way
 varies) to Ramirez Lane (right-of-way varies), and being a west
 corner of said Bailey Ranch 366.305 acre tract, for a west corner
 and POINT OF BEGINNING hereof;
 THENCE, with the right-of-way transition from said Hergotz
 Lane to said Ramirez Lane, and with the west line of said Bailey
 Ranch 366.305 acre tract, N00°10'13"W, a distance of 69.04 feet to a
 3/4-inch iron pipe found for an angle point hereof, said point being
 at the end of the right-of-way transition from said Hergotz Lane to
 said Ramirez Lane;
 THENCE, with the southeast right-of-way line of said Ramirez
 Lane and the northwest line of said Bailey Ranch 366.305 acre tract,
 N42°35'28"E, a distance of 1,281.25 feet to a 1/2-inch iron rod
 found for an angle point hereof, said point being at the common west
 corner of said Bailey Ranch 366.305 acre tract and said Fitzpatrick
 Bar X Ranch Tract Two;
 THENCE, with the southeast right-of-way line of said Ramirez
 Lane and the northwest line of said Fitzpatrick Bar X Ranch Tract
 Two, N42°04'37"E, a distance of 765.26 feet to a 1/2-inch iron rod
 with "4Ward Boundary" cap set for an angle point hereof, said point
 being a corner in the southeast right-of-way line of said Ramirez
 lane, and being a southwest corner of a called 96.580 acre tract
 conveyed to Earth Reclamation, Ltd., in Document No. 2004035838
 (O.P.R.T.C.T.), and being an angle point in the west line of said
 Fitzpatrick Bar X Ranch Tract Two;
 THENCE, leaving the southeast right-of-way line of said
 Ramirez Lane, with the common line of said Earth Reclamation tract
 and said Fitzpatrick Bar X Ranch Tract Two, the following eight (8)
 courses and distances:
 1.  N42°28'53"E, a distance of 579.18 feet to a 1/2-inch iron
 rod with "4Ward Boundary" cap set for an exterior ell-corner
 hereof,
 2.  S47°48'52"E, a distance of 652.51 feet to a 1/2-inch iron
 rod found for an interior ell-corner hereof,
 3.  N42°32'50"E, a distance of 1,249.08 feet to a 1/2-inch
 iron rod with "4Ward Boundary" cap set for an angle point hereof,
 4.  N42°31'25"E, a distance of 4,406.00 feet to a 1/2-inch
 iron rod found for an angle point hereof,
 5.  N43°45'59"E, a distance of 81.58 feet to a 1/2-inch iron
 rod found for an angle point hereof,
 6.  N40°09'40"E, a distance of 63.58 feet to a 1/2-inch iron
 rod with "4Ward Boundary" cap set for an angle point hereof,
 7.  N42°55'11"E, a distance of 254.42 feet to a 1/2-inch iron
 rod found for an angle point hereof, and
 8.  N48°03'31"E, a distance of 83.13 feet to a calculated
 point for the northwest corner hereof, said point being at the
 record south bank of the Colorado River, and being the common north
 corner of said Earth Reclamation tract and said Fitzpatrick Bar X
 Ranch Tract Two;
 THENCE, with the south and west bank of the Colorado River and
 its meanders, and with the north and east line of said Fitzpatrick
 Bar X Ranch Tract Two, and in part with the east line of said Yeates
 17.40 acre tract, the following seventeen (17) courses and
 distances:
 1.  S84°06'14"E, a distance of 187.53 feet to a calculated
 point for an angle point hereof,
 2.  S83°40'29"E, a distance of 335.93 feet to a calculated
 point for an angle point hereof,
 3.  S86°17'29"E, a distance of 303.33 feet to a calculated
 point for an angle point hereof,
 4.  S87°19'14"E, a distance of 309.73 feet to a calculated
 point for an angle point hereof,
 5.  N84°55'46"E, a distance of 126.79 feet to a calculated
 point for an angle point hereof,
 6.  N84°39'31"E, a distance of 532.36 feet to a calculated
 point for an angle point hereof,
 7.  N73°10'31"E, a distance of 413.33 feet to a calculated
 point for an angle point hereof,
 8.  S73°57'29"E, a distance of 481.77 feet to a calculated
 point for an angle point hereof,
 9.  S63°04'29"E, a distance of 248.96 feet to a calculated
 point for an angle point hereof,
 10.  S09°49'29"E, a distance of 412.39 feet to a calculated
 point for an angle point hereof,
 11.  S05°17'29"E, a distance of 611.32 feet to a calculated
 point for an angle point hereof,
 12.  S03°51'29"E, a distance of 348.04 feet to a calculated
 point for an angle point hereof,
 13.  S06°40'31"W, a distance of 321.10 feet to a calculated
 point for an angle point hereof,
 14.  S16°07'31"W, a distance of 604.24 feet to a calculated
 point for an angle point hereof,
 15.  S19°58'31"W, a distance of 217.01 feet to a calculated
 point for an angle point hereof,
 16.  S24°57'31"W, a distance of 297.76 feet to a calculated
 point for an angle point hereof, and
 17.  S29°56'59"W, a distance of 367.43 feet to a calculated
 point for an angle point hereof, said point being at the northeast
 corner of said 366.305 acre Bailey Ranch tract, and being the
 southeast corner of said Fitzpatrick Bar X Ranch Tract Two and said
 Yeates 17.40 acre tract;
 THENCE, continuing with the west bank of the Colorado River
 and its meanders, and with the east line of said Bailey Ranch
 366.305 acre tract, the following nine (9) courses and distances:
 1.  S29°39'46"W, a distance of 86.10 feet to a calculated
 point for an angle point hereof,
 2.  S28°37'46"W, a distance of 433.71 feet to a calculated
 point for an angle point hereof,
 3.  S28°32'46"W, a distance of 391.84 feet to a calculated
 point for an angle point hereof,
 4.  S37°22'46"W, a distance of 449.07 feet to a calculated
 point for an angle point hereof,
 5.  S33°20'46"W, a distance of 560.61 feet to a calculated
 point for an angle point hereof,
 6.  S43°36'46"W, a distance of 564.76 feet to a calculated
 point for an angle point hereof,
 7.  S40°54'46"W, a distance of 313.93 feet to a calculated
 point for an angle point hereof,
 8.  S45°52'46"W, a distance of 431.48 feet to a calculated
 point for an angle point hereof, and
 9.  S69°21'46"W, a distance of 487.42 feet to a calculated
 point for an angle point hereof, said point being at the southeast
 corner of a called 53.85 acre tract conveyed to Bailey Ranch
 Holdings, L.P., et al, in Document No. 2005171962 (O.P.R.T.C.T.,
 said tract being a portion of a 891 acre tract described in Volume
 601, Page 320 (D.R.T.C.T.)),
 THENCE, leaving the west bank of the Colorado River, with the
 common line of said Bailey Ranch 53.85 acre and 366.305 tracts, the
 following six (6) courses and distances:
 1.  N38°45'39"W, passing at a distance of 75.00 feet, a
 1/2-inch iron rod with "4Ward Boundary" cap set for reference, and
 continuing for a total distance of 583.85 feet to a 1/2-inch iron
 rod found for an angle point hereof,
 2.  N43°26'39"W, a distance of 422.83 feet to a 1/2-inch iron
 rod found for an angle point hereof,
 3.  N44°18'39"W, a distance of 371.63 feet to a 1/2-inch iron
 rod found for an angle point hereof,
 4.  N44°06'07"W, a distance of 516.85 feet to a 1/2-inch iron
 rod found for an angle point hereof,
 5.  S58°07'46"W, a distance of 1269.60 feet to a 1/2-inch iron
 rod found for an angle point hereof, and
 6.  S32°07'14"E, passing at a distance of 1,351.73 feet, a
 1/2-inch iron rod with "4Ward Boundary" cap set for reference, and
 continuing for a total distance of 1405.73 feet to a calculated
 point for an angle point hereof, said point being at the record west
 bank of the Colorado River;
 THENCE, with the west bank of the Colorado River and its
 meanders, and with the east line of said Bailey Ranch 366.305 acre
 tract, the following seven (7) courses and distances:
 1.  S77°19'20"W, a distance of 216.14 feet to a calculated
 point for an angle point hereof,
 2.   S79°08'20"W, a distance of 229.37 feet to a calculated
 point for an angle point hereof,
 3.  S67°13'20"W, a distance of 489.25 feet to a calculated
 point for an angle point hereof,
 4.  S73°38'20"W, a distance of 595.62 feet to a calculated
 point for an angle point hereof,
 5.  S78°11'20"W, a distance of 720.28 feet to a calculated
 point for an angle point hereof,
 6.  S61°31'20"W, a distance of 585.87 feet to a calculated
 point for an angle point hereof, and
 7.  S68°38'20"W, a distance of 494.12 feet to a calculated
 point for an angle point hereof, said point being the east corner of
 a called 61.412 acre tract conveyed to Cumberland & Western
 Resources, LLC, in Document No. 2007028772 (O.P.R.T.C.T.), and
 being the southeast corner of said Bailey Ranch 366.305 acre tract;
 THENCE, leaving the west bank of the Colorado River, with the
 common line of Cumberland & Western tract and said Bailey Ranch
 366.305 acre tract, N48°03'16"W, passing at a distance of 164.19
 feet, a 60D nail found, and continuing for a total distance of
 958.20 feet to a 3/4-inch iron pipe found for an angle point hereof,
 said point being at the northeast terminus of said Hergotz Lane, and
 being the north corner of said Cumberland & Western tract, from
 which a 1/2-inch iron rod found at the southeast terminus of said
 Hergotz Lane, and being at the east corner of a called 19.78 acre
 tract conveyed to Brenton Harris Johnson in Document No. 2017193174
 (O.P.R.T.C.T.), and being an angle point in the northwest line of
 said Cumberland & Western tract bears, S45°29'14"W, a distance of
 175.32 feet;
 THENCE, with the northeast right-of-way line of said Hergotz
 Lane and the southwest line of said Bailey Ranch 366.305 acre tract,
 the following two (2) courses and distances:
 1.  S78°41'22"W, a distance of 154.66 feet to a 3/4-inch iron
 pipe found for an angle point hereof, and
 2.  N47°46'26"W, a distance of 1,150.11 feet to the POINT OF
 BEGINNING, and containing 767.2590 acres (33,421,803 square feet)
 more or less.
 SECTION 3.  (a) The legal notice of the intention to
 introduce this Act, setting forth the general substance of this
 Act, has been published as provided by law, and the notice and a
 copy of this Act have been furnished to all persons, agencies,
 officials, or entities to which they are required to be furnished
 under Section 59, Article XVI, Texas Constitution, and Chapter 313,
 Government Code.
 (b)  The governor, one of the required recipients, has
 submitted the notice and Act to the Texas Commission on
 Environmental Quality.
 (c)  The Texas Commission on Environmental Quality has filed
 its recommendations relating to this Act with the governor, the
 lieutenant governor, and the speaker of the house of
 representatives within the required time.
 (d)  All requirements of the constitution and laws of this
 state and the rules and procedures of the legislature with respect
 to the notice, introduction, and passage of this Act are fulfilled
 and accomplished.
 SECTION 4.  This Act takes effect immediately if it receives
 a vote of two-thirds of all the members elected to each house, as
 provided by Section 39, Article III, Texas Constitution. If this
 Act does not receive the vote necessary for immediate effect, this
 Act takes effect September 1, 2021.
 ______________________________ ______________________________
 President of the Senate Speaker of the House
 I certify that H.B. No. 4650 was passed by the House on May
 14, 2021, by the following vote:  Yeas 103, Nays 42, 2 present, not
 voting.
 ______________________________
 Chief Clerk of the House
 I certify that H.B. No. 4650 was passed by the Senate on May
 27, 2021, by the following vote:  Yeas 29, Nays 2.
 ______________________________
 Secretary of the Senate
 APPROVED:  _____________________
 Date
 _____________________
 Governor